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Dec 9, 2013
12/13
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when you have stay tis tickets -- >> you've said energy prices are going to remain higher. >> yeah. when you have statistics like 50% of all food produced is wasted and the reason it's wasted is it's too cheap. small increases in as cultural prices or the -- >> it's not enough. more people would eat it. we've already said in some instances it's too expensive. >> that is a tragedy of poverty in poll tis. any solution will be of benefit. >> from the scp group. >>> at a loss for what to get i don't remember loved ones for christmas. what about this item. some gold bars. stack's is a rare coins dealer. they've installed an atm that dispenses precious metals. it offers a variety of gold and silver bar and bullion. the atm is updated every 60 seconds. you swipe your credit card and then the machine spits out your precious metal order. it comes in an apparently nice little gift box. this is after gold scraped to five-month lows on friday following the u.s. jobs data. so could atm machines help support the price or is down the only thought for gold. e-mail us worldwide cnbc.com or direct to
when you have stay tis tickets -- >> you've said energy prices are going to remain higher. >> yeah. when you have statistics like 50% of all food produced is wasted and the reason it's wasted is it's too cheap. small increases in as cultural prices or the -- >> it's not enough. more people would eat it. we've already said in some instances it's too expensive. >> that is a tragedy of poverty in poll tis. any solution will be of benefit. >> from the scp group....
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Dec 4, 2013
12/13
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you've got things like the energy prices. some of those green measures being brought into general taxation. you've got free lunches, the free zone fuel duty. >> i've got free lunches? have i? >> you specifically, the government has targeted you. you also might get a few bits of tinkering around the edges. >> i don't know if i want someone to tinker around my edges. >> especially after a free lunch. >> is that why you get the free lunch? okay. i see what the price is now. >> now, you might get an announcement that they're going to start a second wave of privatization. that's going to be a retail offering. you might hear something on rbs or the bank levy and you might get some things like foreign owners in the property in the uk harder with capital gains tax. so little bits and pieces. a free zone business trade. >> thanks for that. plenty more to come. of course, we have extended programming tomorrow for the chancellor's autumn statement and it coincides following the decision from the bank of england and the ebc, as well. all
you've got things like the energy prices. some of those green measures being brought into general taxation. you've got free lunches, the free zone fuel duty. >> i've got free lunches? have i? >> you specifically, the government has targeted you. you also might get a few bits of tinkering around the edges. >> i don't know if i want someone to tinker around my edges. >> especially after a free lunch. >> is that why you get the free lunch? okay. i see what the price...
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Dec 2, 2013
12/13
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inflation figures that have triggered the november rate cut, most of the big 4.7% was because of a fall in energy prices. most people i speak to, if you cut their gas bills by, say, 10%, they're not going to be worried about deflation, they'll spend the extra money. actually in the short term that movement in price could actually stimulate spending rather than cause worries about deflation. now over the medium term, of course, as employers say the deflation is coming down, wage cuts will be more aggressive, that's when you enter potentially a deflation marry situati -- deflation air ri index. >> it's still falling there. phillip, good to see you. chief economist at investech. i don't know if phillip was shopping this weekend, but they did in the u.s. they didn't spend as much. 141 million people shopped at least once. that's up from 139 million a year ago. the average person spent around $407. 4% less than the black friday weekend last year. total spending is expected to hit 57.4 billion over the four-day period down 2.8% from last year. they say discounts took a toll on sales and stores will con
inflation figures that have triggered the november rate cut, most of the big 4.7% was because of a fall in energy prices. most people i speak to, if you cut their gas bills by, say, 10%, they're not going to be worried about deflation, they'll spend the extra money. actually in the short term that movement in price could actually stimulate spending rather than cause worries about deflation. now over the medium term, of course, as employers say the deflation is coming down, wage cuts will be...
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Dec 6, 2013
12/13
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it will cut 200 jobs as it sees energy, agriculture, metals and trading. separately, an employee of deutsche bank's japan unit has been arrested in tokyo over allegations to win investment business from a blue chip company. the arrest is part of a broader government probe into the management of the country's 27 trillion yen public/private pension sector. deutsche bank shares today are down 0.5%, compounding the falls that we've seen in the past few days, down just over 0.3% over seven days. >>> one of the other big movers out there today, nestle is selling its 1.14 billion swiss franc state in givaudan. it will be managed by goldman sachs. the sale comes as nestle looked to shed underperforming businesses. the share price, nestle on the up 1 plus percent. givaudan, falling in zurich to the tune of 3.72%. >>> royal dutch shell is set to pull out of a gas project in louisiana. the dutch oil and gas company said it wasn't a viable option. development costs were the reasons cited for the suspension of future work. the share price gaining 2.7% in today's trade.
it will cut 200 jobs as it sees energy, agriculture, metals and trading. separately, an employee of deutsche bank's japan unit has been arrested in tokyo over allegations to win investment business from a blue chip company. the arrest is part of a broader government probe into the management of the country's 27 trillion yen public/private pension sector. deutsche bank shares today are down 0.5%, compounding the falls that we've seen in the past few days, down just over 0.3% over seven days....